tv Business Deutsche Welle April 9, 2019 8:30am-8:46am CEST
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with field building and definition of. the party in chat with situations from around the world. groups every week double. under change prefixes chinese and european leaders are gathering in brussels for talks the meeting comes after china e.u. member italy part of its controversial bed and road infrastructure initiatives also coming up where do most top restaurants in france get their caviar from well the answer might surprise you and oil prices reach levels they haven't seen in months unrest in libya further reduced supplies on the world markets.
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i'm chris colfer welcome to the show. and restart the program with a stern warning from washington the united states has threatened to impose further terrorists of more than eleven billion dollars an e.u. products in response to subsidies brussels is paying to airbus a list of products subject to possible new tears includes airbus planes and related products in the sector but also food products ranging from swordfish and salmon to cheese all of oil and wines you meanwhile has sued the united states for subsidies paid to airbus rival boeing the world trade organization says both parties have broken global trade rules. now the on going global trade just views are shaking up established trading patterns and the e.u. china summit in brussels today could well offer some indications of where things are headed china is one of the your opinions most important trading partners
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commerce between the two has almost tripled since the turn of the century according to the e.u. statistics office that's mainly due to china's share of global trade and went from five and a half percent in the year two thousand to more than fifteen percent and twenty eighteen now last year the value of e.u. china trade volumes combined in a six hundred and five billion euros in brussels the bloc will be maintaining pressure on beijing to open its markets further the european union also once more action against product piracy and intellectual property theft something european companies active in china complain bitterly about now chinese premier league has arrived in brussels for the summit with a universe he has described china and the european union as quote important partners more cooperation deals are expected to be signed during the meeting as the
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trading relationship between the two has been growing mr lee will co-chair the twenty first china yunus meeting in brussels alongside the blocs leaders. now let's get some more on the story with our correspondents saying i'm so in taipei and barbro whistle in brussels barbara let me start with you the european union just reassessed its stance towards china criticizing its influence in europe and labeling the country a systematic rival how is this changed attitude likely to impact the talks. that is going of course to impact the talks because this is the first meeting after the e.u. really really is c'est its relationship with china and its position towards china in the last years if we look at it i mean these complaints who are already mentioned intellectual property say after dumping state aid that was hidden
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electro france parents the like of market access i mean this long range that already has been there it's always been known european business always complained about this and now fine of the lead the e.u. has said we have looked on long enough where we have looked on and not taking action we have not made clear where our interests are and we just finally need to take a stand so if you talk to europeans these days the here in brussels their word is this is the end of naivety towards china we just have to search our own position and our own interests and that is what this meeting is about and yes it will be it totally changed climate the more i'm only in stance of the early years with the e.u. would always sort of complain a bit but then in the end given that is not going to be like that anymore it's all over do you want just china expect from the some. well i've
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spoken to some chinese experts they think the chinese premier league want to use this platform to emphasize again that china is still a developing country and is trying really hard to make some structure changes for example he has just passed the foreign investment law which focuses on intellectual property protection and force technology transfer it so they want to emphasize they've done a lot so that they want to read it to rate their perspective and efforts to pursue eight more e.u. countries to work with them in a piece for germany's newspaper chunks of beijing welcomed a quote united and prosperous europe how much truth is there to that so when china seems to divide the europeans by making italy part of its controversial bolton road initiative. well it's actually a very different standing and if you read a little towns words he said that beijing's corporation with eastern and central
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european countries will actually help to balance the development and the unity of e.u. so his interpretation and his definition is very different from germany's and france's and china knows that compare with the disagreement among e.u. members its investment offers far more attractive so for china it's very easy to understand that no matter what people want to call it as them a rival or maker china is confident that more countries will tilt to its site now barbara back to you in brussels there won't be a final communique after the summit what are we to make of this. that of course is a diplomatic point that the e.u. is making here because other than sort of reiterating its long list of complaints and then in the end saying ok let's just carry on this time they really want to make sure that the message is heard in paging and that really is the main
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difference we also know i mean referring to what we just heard from taipei and we know that levy is going to go on to croatia after he leaves brussels and that of course for many european countries and the big countries this scene is another attempt to sort of divide and rule and trying to carve out some countries from the european union particularly was the sixteen plus one initiative that sort of forms a sort of eastern bloc however if you look more closely you see that not everybody is happy in their point poland already is complaining about some kinds of chinese investment that didn't turn out as well as our show hope so it is a very difficult and fluid situation politically but the e.u. is not going to be the one that sort of let itself be ridden over roughshod like it happened in the past couple of years in brussels and song so in taipei thanks to
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you both. china has transformed its economy in past decades and has emerged as a major producer of many goods including caviar sturgeon fish eggs from chinese farms have become quite popular one company from eastern china is not even the world's biggest producer and today twenty two of france's twenty seven restaurants with three michelin stars serve caviar made in china. i think this fish is worth well over ten thousand euros a pregnant sturgeon full of the very finest caviar one third of the world's caviar is produced here in a small town in southeast china i. know. it took us a few years to develop but when we thought we'd achieved a decent quality we were still met with a lot of suspicion in europe america and japan. after all
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chinese food products did not have a good reputation. is essentially a simple product the role of the sturgeon is cleaned in several steps and salted because it's highly perishable the whole process must be done in fifteen minutes it's the work of highly trained caviar masters. so for. at first we didn't really know what caviar was really about but we knew that in china we'd marketed advanced techniques in aquaculture to achieve this. kaluga queen sturgeon's a farm in scenic lake one of the few lakes in china with the right more to quality for the fish after the collapse of the soviet union fishing restrictions in the sturgeons natural habitats were largely ignored and fish stocks we diminished by poachers after wild caviar fishing was banned kaluga queens founders.
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they breed a variety of sturgeons including the highly prized palooka the company's breakthrough came in two thousand and eleven when they convinced lufthansa to serve their caviar in first class now kaluga queens chinese caviar is prized around the globe including that many michelin starred restaurants. price quality and consistency is the issue we have. so proceeded to see the expectation for us. stores and of course its founders have also discovered what the fuss over caviar is a leopard hopes. well from one type of black gold to another or has had a strong start to the year with prices surging to five months high as the trend has so far bucked market expectations and it looks like all prices are set to continue
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to rise on rest of libya threatens. the fighting in libya sending shock waves far beyond the capital of tripoli and it could soon have an impact on global energy supplies as well. libyan oil fields like this one produce around a million barrels of oil a day and the renewed fighting is threatening to disrupt output. for opec members at least that's good news the organization of petroleum producing countries scaled back production at the end of last year in an attempt to raise oil prices and so far it's worked well prices have rallied around thirty percent since the beginning of the year we would do on two to stabilize the market and keep them stable i think we're getting to a stage where i'm going to it is starting to stabilize and come down but there's still significantly above what i would consider normal level. however the block is
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being tight lipped about any plans to expand output after its next meeting in june as the fight for tourbillion packs libya's oil production that's likely to drive up prices a temptation for oil producing countries to open the taps that's because current prices of around seventy dollars a barrel remain below the level many member nations need to turn a profit. and that's it for me and the business team here in berlin for more business news on background stories go ahead and check out our website at d.w. dot com slash business thanks for watching.
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each darkness to enjoy. the renaissance factor. starts of people twenty second. w. hello and welcome to news from arts and culture renowned russian director kiffin said about any was released from a controversial house arrest by a moscow court on monday we'll look at how the news is being received in the theatre community also coming up. except for bookworms with our series one hundred german must reads this time with a disturbing powerful novel by austrian author and.
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and a feast for the taste buds for the eyes and ears a musical dinner in france is the latest in. performance ours. well as a leading figure of the guard in russia. but any coach has made his name directing plays and films that challenge the status quo he's critical of everything social norms the church and of course the kremlin well i made a lot of enemies and in two thousand and seventeen he was put under house arrest supporters said it was an attempt to gag a critical voice that said it but any kind of continued to work against all odds. rendition of baddies classic which permeated this past march it was directed by karylle said has been a call from a distance using. information a slave course laments the last time in this.
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